Jane P McDonough
Cost for framing/ moving walls
15 October 2024 | 6 replies
. ($1300 for plans if only a wall--I pay $3500 for a site visit by them and close to full gut of kitchen/baths/door moves/wall removals) Do not skip the permit!!!!
Graham Huber
How is the philadelphia real estate market?
16 October 2024 | 6 replies
Companies like TSMC and Intel are investing billions into new facilities, and it's creating a real surge in housing demand.One of my clients was set on investing in Philly but decided to explore Phoenix after we talked.From what I read in The Wall Street Journal, Phoenix is one of the fastest-growing cities right now.
Raghavendra Jakkani
New Built - What to post the sq ft as ?
14 October 2024 | 3 replies
People are going to focus on the number of beds and baths and price when looking at the ad (and photos) and the layout when they come to view it.
Cory Iannacone
Is the 2% Rule still alive in the central Pennsylvania market?
15 October 2024 | 9 replies
It is a 100 year old purpose built apartment building which was considered high end in the early 1900s, with butlers' quarters in the basement of the building, and each apartment boasting 1400 sq ft / 2 beds / 1.5 baths and maids' quarters in the back.
Emmanuel Ola
Seeking Advice on a Unique BRRRR Strategy for Multi-Home Development
15 October 2024 | 4 replies
Considering the high prices of other lots in the area, many have said I got a great deal.The land I bought has a 2-bedroom, 1-bath house that was listed as 550 sqft but is actually 750 sqft; the records just weren't updated with the city.
Berry Starnes
short term rental loophole question about existing rentals when purchasing
14 October 2024 | 3 replies
From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.
Tar-U-Way Bright
Should I House Hack?
16 October 2024 | 16 replies
Earlier this year, I helped a client who acquire a 5 bed / 2 bath house hack deal just south of the airport that she is netting about $500 / month on after PITI and expenses.
James Kim
Assuming investment loan and actual use of property
12 October 2024 | 2 replies
From what I’ve read recently in the Wall Street Journal, some lenders have been more flexible with assumptions.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
If Wall Street is the mechanism to transfer wealth from the foolish to the patient....